At 8:30 PM tonight, the US will announce the April CPI inflation data, which is crucial!
Whether the market can take off depends on this wave. Right now, the market is betting on a rate cut in July, but we still need to see how tonight's data will play out. If the inflation data is lower than expected, then a rate cut is basically secured, and Bitcoin will surely surge.
If the data is disappointing, then it seems we will have to endure more. Recently, Trump hinted at lowering tariffs, and Powell is still observing economic data, so the market direction is quite unclear at the moment. Tonight, I plan to look for short-term opportunities after the data is released.
Fans who want to follow my trading strategy, call me! I will help you seize this opportunity!
